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Dear Colleagues and Partners, we are very pleased to invite you to the high-level launch of the OECD SME Policy Index: Eastern Partner Countries 2024 on 27 February at 10:00 (Yerevan time).
Unlike large urban centres, rural areas in Armenia often lack jobs to offer to women, regardless of their age. The region of Shirak in the north-west of the country is one such case, where female unemployment rates remain high. This was the challenge addressed by ‘Lightning’, a local NGO, with a series of small but very concrete steps.
The report published today shows an extra €2.5 billion income for small and medium-sized enterprises in Eastern Partnership region, which received support through the European Union’s EU4Business Initiative in 2022.
EU4Business has published the Citizens’ Summaries 2023 for the EaP region and the five countries with the overview of major results of the previous year.
The leading Armenian bank will receive a financial package of $20 million, comprising two equal loans, from the European Bank for Reconstruction and Development (EBRD) for on-lending to the private sector.

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